Sharekhan Brokerage Charges, Margin, Trading Policy and Review 2021
Sharekhan Broker Review 2021
Sharekhan BNP Paribas is Leading Stock Broker in India. It was founded in year 2000 by SSKI Group and become subsidiary of BNP Paribas in 2016. BNP Paribas is a leading bank in Europe with an international reach.
Sharekhan is one of pioneer broker who started online trading facility in equity market in India for retail clients. Sharekhan offer online trading facility in equity, derivatives, currency and commodity having membership in NSE, BSE, MCX and NCDEX also provide financial services such as investment in PMS, MF, IPOs and bonds; advisory, research reports, online education, NRI services and much more
SharekhanMumbai based full service stock broking firm having most credible name in the share brokerage Industry with 17,00,000 customers on board and having presence in 585 cities with 2300 offices and franchisees PAN India.
Sharekhan has state-of-the-art trading platforms packed with power features to make trading convenient. ShareKhanTradeTiger is an exe based online trading platform to trade in stocks, derivative and currency. www.Sharekhan.com is the web portal of ShareKhan for all your trading and investment needs. ShareKhan App offer app based trading through mobile phones. The app can be downloaded and installed for android and IOS devices. ShareKhan Mini is low bandwidth website, work on Android, IOS, Blackberry and Windows mobiles as well as on a basic 2G phone.
ShareKhan Pattern Finder
It is a tool that analyzes stocks and indices, find out profitable opportunities and provide trading insights and techniques. You need to subscribe to use this tool. You get information via email and SMS alert before the market opens.
ShareKhan NRI Services
Services are offered online and include trading in equities, futures, and options on NSE and BSE. You can integrate Trading and Demat Accounts with Sharekhan and Bank Accounts with HDFC / AXIS / INDUSIND / IDBI Bank to form a 3-in-1 NRI Account. You get the services of dedicated relationship managers and 24*7 NRI Customer Support. Trading can be done online using any of the trading platforms offered by Sharekhan and also you can do call and trade.
Promoter
- Shripal Morakhia – founded by Mumbai base entrepreneur in 2000
- Fully Owned by BNP Paribas.
Sharekhan Presence:
Pan India, Sharekhan has over 4800+ employees, and is present in over 575 cities through 150 branches, more than 2,600 business partners.
Account Opening
- Trading Account Opening Fee – Free
- Brokerage Account AMC – RS 0
- Demat Account Opening Fee – Rs 100
- Demat Account AMC – Rs 400
Brokerage:
- Monthly Fee – Nil
- Equity Delivery – 0.10% – 0.20% on volume
- Equity Intraday – 0.01% – 0.03% on Volume
- Future & Option – 0.01% – 0.03% on Volume
- Commodity – 0.01% – 0.02% on Volume
Turnover Charges:
- Equity Delivery – Rs 325 Per Cr.
- Equity Intraday – Rs 325 Per Cr.
- Future – Rs 190 Per Cr.
- Option – Rs 5000 Per Cr.
- Currency Future – Rs 125 Per Cr
- Currency Options – Rs 4200 Per Cr.
- Commodity – Rs 250 Per Cr.
Other Charges
- Minimum Brokerage – Rs 16 per script
- Call N Trade Charges – NA
- Dp Slip Charges – Rs 15 Per Scrip
- Stamp Duty – Charges as per State Resident
Sharekhan Margin / Exposures / Intraday Leverage
- Equity Intraday – Upto10 Times
- Equity Delivery – Upto 3 times Margin Funding
- Future – Upto2 times ( Intraday )
- Option – NO
- Currency Future – Upto2 times ( Intraday )
- Currnecy Option – NO
- Commodity – Upto2 Times ( Intraday )
Sharekhan Trading Platform
- SharekhanTradeTiger
SharekhanTrade Tiger is the EXE base trading terminal based online trading platform. It is a very robust platform that requires high speed internet connectivity as all active trader platforms do, to become acquainted with it. Some of its features are:
- Multiple Market Watch available on a Single Screen
- Multiple Charts with Tick by Tick Intraday and End of Day Charting powered with various Studies
- Apply studies on chart is very Easy
- User can save his own template, that is, saving the layout for future use.
- Alert settings on an input Stock Price trigger
- Tools available to guage market such as Tick Query, Ticker, Market Summary, Action Watch, Option
- Single platform for multiple exchange BSE & NSE (Cash & F&O), MCX, NCDEX, Currency, Mutual Funds, IPOs
- Graph Studies include Average, Band-Bollinger, Know SureThing, MACD etc
- Premium Calculator, Span Calculator
- Shortcut key for FAST access to order placements & reports
- Online fund transfer activated with leading banks in India
Sharekhan Mobile App
Sharekhan MINI is designed for Trader / Investor who are looking mobile software with low bandwidth.
SharekhanMini is low bandwidth website, which works both on smartphone as well as on a basic 2G phone. Anyone who has a basic phone and 2G network can trade through SharekhanMini without any hassle.
SHAREKHAN MINI FEATURES
- Low Bandwidth Support
- Track Equity and MF portfolio on the go
- Get updates on Sharekhan Research calls and latest news
- Track as well as trade in all segments with multiexchange streaming watchlist
- Single touch access to MarketWatch, Order page, Charts and Futures & Options
- View all Call & Put contracts for a particular scrip with the help of Option Chain
- Access charts for scrips in NSE and BSE segments
Sharekhan Mobile app available on Android as well as Iphone.
Android
- 1 Million downloads
- 8 Rating by 6786user
IOS (IPHONE)
- 9 Rating by 517user
Sharekhan Classic Account
Sharekhan Classic is Web based online trading and also call and dial facility at free of cost. Some of its features are:
- Instant cash transfer facility against purchase & sale of shares
- IPO investments
- Instant order and trade confirmations by e-mail
- Single screen interface for cash and derivatives
- Free and Secure Trading over phone using two of your numbers.
- Integration of Online trading + Bank + Demat account
Customer Service & Support
- Branch and Sub-Broker Network
- Online Customer Care support
- Email Support
Other Product and Services
- Online Trading Academy OTA – offer online education in equity market. Sharekhan Classroom allow client to webbase trading to understand basics of equity market. Ignite – one yr online traders programme with Online trading academy.
- PMS : Sharekhan PMS especially design for HNI Customers – its PMS focus on long term investor for steady returns
- Mutual Fund Service – Robo Advisory tool , Goal Calculator , Performance Calculator and more
- Reserch – Based Financial Advice – Sharekhan is famous for their Research and advisory call
Pros
- Advisory and Reserch Report
- Free Call n Trade
- Highest Number of Branch Support
- TradeTiger one of the leading trading software in India
- Brand Value
- Margin Funding
Cons
- High Brokerage Compare to Discount Brokerage offer by Zerodha
- Doesn’t have 3 – in – 1 account
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